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56-28-116 - Renewal of licenses Certificates of authority for agents.

56-28-116. Renewal of licenses Certificates of authority for agents.

All licenses authorizing hospital service corporations to transact business in this state shall be renewable on April 1 of each year. A service corporation licensed to do business in this state under this chapter shall obtain from the commissioner a certificate of authority for every agent writing or soliciting hospital service contracts for the medical service corporation in this state, and the certificate shall be renewable January 1 of each year.

[Acts 1945, ch. 98, § 14; C. Supp. 1950, § 4186.14; T.C.A. (orig. ed.), § 56-3016.]  

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